Article Details

A Study on Investment Pattern of Indian Army Personnel in Panchkula District | Original Article

Madan Singh Panwar*, Kavita Aggarwal, in Anusandhan | Technology & Management

ABSTRACT:

In today’s modern era, a large variety of investment avenues are available to the investors. In this paper an attempt has been made to study the basic financial literacy and awareness about available investment avenues of Indian army personnel residency in Panchkula district. This research paper is focused on awareness and investment pattern of army personnel.In spite of low income, the respondents have been saving for the future needs. The main purpose of investment is for children education, marriage and safety after retirement. Among all investment bank fixed deposits, insurance policies and PPF are safest and most preferred by the respondents.To conduct the present study primary data has been collected via personal interaction with the respondents for the fulfillment of present study objectives.